Massive fraud by Bhagalpur co-op; CM orders probe

There are reports coming from Bhagalpur (Bihar) that a cooperative society named Shreejan Women Development Co-operative has swindled huge amount of state govt fund in the name of empowering women. Many bank officials are also said to be involved in the scam.

Peeved over 250 plus crores of swindling of Government funds from Bhagalpur district, CM Nitish Kumar has ordered IG Police Jitendra Singh Ganwar to rush to Bhagalpur along with his team of officers to make inquiries and investigate the swindling of funds by Shreejan Women Development Co-operative Committee.

The money allocated to the Bhagalpur district out of CM Development funds got diverted to the bank account of Shreejan Women Development Co-operative surreptitiously and clandestinely, it is being alleged.

A five member team  headed by IGP ( Economic Offence wing, Bihar Jitendra Singh Gangwar was sent to Bhagalpur Thursday reportedly by Special Chartered Plane of the Government!  It is alleged that, Shreejan Women Development Co-operative Committee Ltd. in collusion with officials of Indian Bank and Bank of Baroda, two other employees of the district treasury, Om Praksh Shrivastawa( Chief Nazir or accountant) and Nand Kishore Malviya (Head clerk), have been made witnesses in the F.I.R.

Till 2 a.m. in the night the team continued to question the NGO and Bank officials of the said Banks at the Circuit House. It is gathered that the team is going to question the District Magistrates who were posted from 2004 to 2017 and others.

A highly placed source in CM secretariat speaking to Indian Cooperative correspondent on condition of anonymity said that similar funds diversions have been reported from other districts as well.

It is also gathered that the nexus with some top politicians of both ruling parties and Opposition with Liquor, Sand, land and builder mafias are involved in the siphoning off of Government funds. It is going to be yet another big incident of loot of public funds!

 

Exit mobile version